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Top 10: The largest container lines in terms of owned carrying capacity

Here comes another top-10 list by Container News. This time, we will see the largest container shipping companies in terms of owned carrying capacity. After...

COSCO SHIPPING Ports reports box volume drop in January

COSCO's port operating subsidiary, COSCO SHIPPING Ports saw its total container throughput decrease by 10.3% in January, compared with the same month last year. In...

OOCL receives its first giant vessel with over 24,000 TEU capacity

Orient Overseas Container Line (OOCL) received its first 24,188 TEU container ship, which was officially named "OOCL Spain" at a ceremony held on 16...

COSCO establishes China Electric Ship Innovation Alliance

China COSCO Shipping Corporation Limited and COSCO Shipping Development developed the China Electric Ship Innovation Alliance which was established on 8 February. At the founding...

Update: Lethal earthquake paralyses Turkish ports, container lines announce operation adjustments

An earthquake measuring 7.8 on the Richter scale occurred on the border between Turkey and Syria, on the morning of 6 February leading many...

COSCO launches new car transportation service through Piraeus port

Piraeus Port Authority (PPA) and COSCO Shipping Specialised Carriers jointly launched a new car shipment route and service in EMEA (Europe, the Middle East...

Top 10: The largest container lines in terms of chartered carrying capacity

Container shipping companies were on newbuild ordering spree during 2022 with the majority of them ordering new boxships driven by all-time record freight rates....

COSCO pays over US$800 million for minority stake in COFCO Fortune

COSCO Shipping Holdings has agreed to acquire a 5.8% stake in COFCO Fortune, a food processing and transportation subsidiary of the Chinese state agricultural...

COSCO to receive two electric feeder boxships in 2023

COSCO has announced that it held a ceremony for the launch of the construction of two electric container ships with a capacity of 700...

Fewer boxes for COSCO SHIPPING Ports in 2022

The global port operator COSCO SHIPPING Ports (CSP) has announced declines in container volumes during November and in the first 11 months of the...
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Asia container exports to US surge in February

In February, container exports from 18 Asian countries and regions to the United States experienced a significant rebound compared to the previous year. According to...

Puerto Rico Ports Authority announces significant investment in terminal development

Puerto Rico governor Pedro R. Pierluisi, alongside officials from the Department of Housing and the Puerto Rico Ports Authority (PRPA), visited Trailer Bridge’s Army...

ABS boss foresees implementation of global carbon tax on shipping

ABS Chairman and CEO Christopher J. Wiernicki conveyed the imminent implementation of a universal, global carbon tax on shipping, highlighting the emergence of alternative...

One Equity Partners takes over Acteon Group

One Equity Partners (OEP), a middle market private equity firm, has acquired Acteon Group, a global marine energy and infrastructure solutions company. The financial terms...